{"id":368285,"date":"2023-11-16T08:32:48","date_gmt":"2023-11-16T03:32:48","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=368285"},"modified":"2023-11-16T08:32:48","modified_gmt":"2023-11-16T03:32:48","slug":"bitcoin-slips-to-36087-as-lower-us-inflation-hits-cryptos","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-slips-to-36087-as-lower-us-inflation-hits-cryptos\/","title":{"rendered":"Bitcoin slips to $36,087 as lower US inflation hits cryptos"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe cryptocurrency market on Wednesday continued its downturn after the US CPI annual inflation came in below expectation, with the market capitalization losing 0.6 percent to reach $1.44 trillion.<br \/>\nThe US CPI annual inflation came in below expectation, at 3.2 percent. It remains to be seen if that turns things around for crypto coins in the coming days.<br \/>\nAs of 1135 hours GMT, the price of Bitcoin, the world\u2019s oldest and most valued cryptocurrency, shed 0.5 percent in the last 24 hours to reach $36,087. The market capitalization of the biggest crypto has reached $705.2 billion with this decrease. Bitcoin has been 2 percent up in the past seven days. BTC dipped below the $36,000 mark early Wednesday, continuing to slump over the past few days.<br \/>\nSimilarly, Ether (ETH), the world\u2019s second-largest cryptocurrency by market capitalization, shed 1.6 percent to reach $2,001. With this decrease in price, the market capitalization of ETH has reached $241 billion.<br \/>\nHowever, Binance Coin (BNB) price surged 0.9 percent to reach $246. The market capitalization of BNB has reached $38 billion with this increase.<br \/>\nBNB has shed 0.2 percent of its value during the last seven days.<br \/>\nOn the other hand, the price of Ripple (XRP) went down by 1.8 percent to reach $0.637. The market capitalization of XRP stands at $34.2 billion with this decrease. XRP has lost 8.4 percent of its value during the last seven days.<br \/>\nMeanwhile, Solana (SOL) price surged 15.1 percent to reach $60.52. With this increase in price, its market capitalization has reached $25.29 billion. SOL has gained 40.1 percent of its value during the last seven days.<br \/>\nOther popular altcoins including the Dogecoin, Cardano and Litecoin landed in the reds across the board.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The cryptocurrency market on Wednesday continued its downturn after the US CPI annual inflation came in below expectation, with the market capitalization losing 0.6 percent to reach $1.44 trillion. The US CPI annual inflation came in below expectation, at 3.2 percent. It remains to be seen if that turns things around for crypto coins [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-368285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin slips to $36,087 as lower US inflation hits cryptos<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-slips-to-36087-as-lower-us-inflation-hits-cryptos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin slips to $36,087 as lower US inflation hits cryptos\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The cryptocurrency market on Wednesday continued its downturn after the US CPI annual inflation came in below expectation, with the market capitalization losing 0.6 percent to reach $1.44 trillion. The US CPI annual inflation came in below expectation, at 3.2 percent. It remains to be seen if that turns things around for crypto coins [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-slips-to-36087-as-lower-us-inflation-hits-cryptos\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-16T03:32:48+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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